Qatar Focus
First Qatar develops Pearl properties
- One of Qatar’s most prestigious projects, The Pearl Qatar, will be home to 42,000 residents, as the country’s freehold law encourages people to buy their own homes. Within the Pearl, First Qatar is developing a three-phase, $300m project.
- Qatar: Thursday, November 22 - 2007 at 14:00 |
Qatar’s Sainsbury’s deal left on the shelf
- First major Qatari firm Industries Qatar felt a sizeable pinch from the global credit crunch, now the country's $60bn sovereign wealth fund, the Qatar Investment Authority (QIA), has been affected.
- Qatar: Wednesday, November 07 - 2007 at 18:14 |
Industries Qatar seeks to bypass the credit crunch
- The global credit squeeze, sparked by the subprime mortgage crisis in the US in July, has been felt thousands of miles away in Qatar. Two units of Industries Qatar (IQ), the Qatar Fertiliser Company (Qafco) and Qatar Steel, have had to abandon major financing vehicles this autumn.
- Qatar: Sunday, November 04 - 2007 at 11:09 |
Qatari firms investing and building in Africa
- Venessia Petroleum, a company established to boost Qatar’s energy sector, is to make an investment of more than $1.5bn in the southern African state of Zimbabwe. To pump such a sizeable sum into the country with the highest inflation rate in the world and with a leader perceived in some circles as a pariah is a bold step.
- Qatar: Wednesday, October 17 - 2007 at 16:52 |
The Al Rayan Bank ventures into Saudi
- Qatar’s Al Rayan Bank, or Masraf Al Rayan, is to be the majority shareholder in a new personal finance firm currently being formed in Saudi Arabia. Al Rayan’s involvement in the project rounds off what has been a busy first year in business for the Islamic lender.
- Qatar: Wednesday, October 03 - 2007 at 20:01 |
Supermarkets and stock markets attract the QIA
- AME Info has written a number of reports on Qatar’s determination to channel its hydrocarbon revenues into a diversified portfolio of acquisitions. Now after months of media speculation, the Qatar Investment Authority (QIA) is edging closer to two major purchases.
- Qatar: Wednesday, September 19 - 2007 at 00:24 |
Rising costs fail to dent Qatar’s aluminium project
- Qatalum, an aluminium plant being established by Qatar Petroleum (QP) and Norway’s Norsk Hydro in an equal share joint venture, is firmly on track to start production late in 2009. Several key contracts have recently been signed, despite the fact that the required capital investment has escalated over the past year.
- Qatar: Wednesday, September 05 - 2007 at 14:48 |
As ictQatar looks to licence, Qtel looks to expand
- Since ictQatar, the Supreme Council of Information and Communication Technology, launched the pre-qualification phase for firms seeking to acquire Qatar’s second mobile telecommunications licence in late April, it has made impressive progress in its aim of bringing competition into the sector as soon as possible.
- Qatar: Wednesday, August 22 - 2007 at 09:59 |
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